A final decision by regional leaders is expected early next spring. Ontario has committed up to C$300 million (US$282.6 million) in funding, bolstered by Canadian federal government funding of C$265 million and regional contributions of C$253 million.

Last August Bombardier Transportation formally announced it had landed a contract with the Regional Municipality of Waterloo to supply 14 FLEXITY Freedom light rail vehicles, initially serving the cities of Kitchener and Waterloo.